Maintenance, repair and overhaul news from around the world
MTU Maintenance handed over its of 500th overhauled CF34-10E to valued customer Kenya Airways in a virtual ceremony yesterday. MTU Maintenance has maintained a number of Kenya Airways’ CF34-10E engines since 2016 and CFM56 engines since 2019. “We are honoured to be...
European member states have approved a revised regulation updating the EU-wide performance targets for air navigation service providers (ANSPs) that will lead to higher air traffic control (ATC) charges for airlines. Previous targets set were based off of 2019 traffic...
In the first three months of 2021, the financial performance of the Fraport Group continued to be severely impacted by the Covid-19 pandemic. With passenger traffic still down at Frankfurt Airport and across the Group's airports worldwide, Group revenue declined by...
Turboprop manufacturer ATR is strengthening its partnership with Skyways Technics’ Malaysian branch, to further support aftermarket needs in the Asia Pacific region. The company claims the synergy will offer support and facilitate the management of sensitive...
Against the backdrop of strong demand in the global air cargo market, ST Engineering and Airbus’ joint venture, Elbe Flugzeugwerke (EFW), have announced an order for four Airbus A321 Passenger-to-Freighter (P2F) conversions from new customer, GTLK Europe, a top-tier...
Aeronautical Engineers, Inc. (AEI) has announced that the European Union Aviation Safety Agency (EASA) has approved AEI’s STC (ST02690LA) for the 12-pallet position B737-800SF freighter conversion. This is an important milestone for the company as AEI’s B737-800SF is...
IAG Cargo, the cargo arm of International Airlines Group (IAG), has reported revenues of €350 million from January 1 to 31 March 2021; an increase of 50% at constant currency versus the same period last year. Overall yield for the quarter was also up 106% at constant...
The International Air Transport Association (IATA) has warned that proposals by AENA to increase user charges at the 46 airports it operates across Spain could damage Spain’s economic and employment recovery from COVID-19. The proposals presented to the DGAC for...
IndiGo is reported to be in the process of sourcing four A321ceo aircraft to convert to freighter aircraft to boost its burgeoning cargo business. Media reports suggest that the airline has signed a Letter of Intent with a lessor for two of the aircraft and is close...
Farsound has announced a new collaboration with the Global Engine Support division of the HAECO Group, providing consigned kits for On-Wing and In-Field engine maintenance. Farsound provides advanced kitting solutions for different engine platforms directly to...
Cargojet has reported total revenues for the quarter of $160.3 million compared to first quarter 2020 Revenues of $123.0 million. Gross Margin for the quarter was $45.3 million compared to first quarter 2020 Gross Margin of $32.2 million. Adjusted EBITDA and Adjusted...
Atlas Air Worldwide has announced first-quarter 2021 net income of $89.9 million, or $3.05 per diluted share, compared with $23.4 million, or $0.90 per diluted share, in the first quarter of 2020. On an adjusted basis, EBITDA rose to $181.3 million in the first...